NASDAQ:NTGR

NETGEAR (NTGR) Stock Price, News & Analysis

$12.90
-0.16 (-1.23%)
(As of 05/17/2024 ET)
Today's Range
$12.72
$13.19
50-Day Range
$11.49
$15.83
52-Week Range
$10.40
$15.93
Volume
284,811 shs
Average Volume
326,425 shs
Market Capitalization
$375.39 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$15.00

NETGEAR MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
16.3% Upside
$15.00 Price Target
Short Interest
Healthy
2.46% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.88
Upright™ Environmental Score
News Sentiment
0.49mentions of NETGEAR in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$252,708 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.96) to ($1.09) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.96 out of 5 stars

Computer And Technology Sector

158th out of 589 stocks

Telephone & Telegraph Apparatus Industry

3rd out of 11 stocks

NTGR stock logo

About NETGEAR Stock (NASDAQ:NTGR)

NETGEAR, Inc. provides connectivity solutions the Americas; Europe, the Middle East, Africa; and the Asia Pacific. The company operates in two segments, Connected Home, and NETGEAR for Business. The Connected Home segment offers Wi-Fi routers and home Wi-Fi mesh systems, Wi-Fi hotspots, digital displays, broadband modems, Wi-Fi gateways, Wi-Fi range extenders, powerline adapters, and Wi-Fi network adapters; and provides value-added service offerings, including security and privacy, technical support, and parental controls. The NETGEAR for Business segment provides pro AV Solutions; pro routers; enterprise grade cloud managed or standalone access points; general purpose ethernet switches; NETGEAR Insight remote management software; and NETGEAR engage controller. It markets and sells its products through wholesale distributors, traditional and online retailers, direct market resellers, value-added resellers, and broadband service providers, as well as through its direct online store. The company was incorporated in 1996 and is headquartered in San Jose, California.

NTGR Stock Price History

NTGR Stock News Headlines

NETGEAR® Reports First Quarter 2024 Results
NetGear Inc. Q1 Loss Widens
Here's what Wall Street expects from NetGear's earnings report
Roadmap 2024: NETGEAR Business
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Today
5/19/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Telephone & telegraph apparatus
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:NTGR
CUSIP
64111Q10
Employees
635
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$15.00
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+16.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-104,770,000.00
Pretax Margin
-3.78%

Debt

Sales & Book Value

Annual Sales
$740.84 million
Book Value
$17.57 per share

Miscellaneous

Free Float
27,036,000
Market Cap
$375.39 million
Optionable
Optionable
Beta
0.86

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NTGR Stock Analysis - Frequently Asked Questions

Should I buy or sell NETGEAR stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NETGEAR in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NTGR shares.
View NTGR analyst ratings
or view top-rated stocks.

What is NETGEAR's stock price target for 2024?

2 brokers have issued 1-year target prices for NETGEAR's shares. Their NTGR share price targets range from $13.00 to $17.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests a possible upside of 16.3% from the stock's current price.
View analysts price targets for NTGR
or view top-rated stocks among Wall Street analysts.

How have NTGR shares performed in 2024?

NETGEAR's stock was trading at $14.58 at the beginning of 2024. Since then, NTGR stock has decreased by 11.5% and is now trading at $12.90.
View the best growth stocks for 2024 here
.

When is NETGEAR's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our NTGR earnings forecast
.

How were NETGEAR's earnings last quarter?

NETGEAR, Inc. (NASDAQ:NTGR) issued its earnings results on Wednesday, October, 25th. The communications equipment provider reported $0.23 EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.27. The communications equipment provider earned $197.85 million during the quarter, compared to analysts' expectations of $183.85 million. NETGEAR had a negative trailing twelve-month return on equity of 3.73% and a negative net margin of 15.69%. NETGEAR's quarterly revenue was down 20.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.10 earnings per share.

What ETFs hold NETGEAR's stock?

ETFs with the largest weight of NETGEAR (NASDAQ:NTGR) stock in their portfolio include iShares U.S. Digital Infrastructure and Real Estate ETF (IGN) and Brandes U.S. Small-Mid Cap Value ETF (BSMC).SPDR S&P Telecom ETF (XTL).

What guidance has NETGEAR issued on next quarter's earnings?

NETGEAR issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $125.0 million-$140.0 million, compared to the consensus revenue estimate of $175.1 million.

What is Patrick C.S. Lo's approval rating as NETGEAR's CEO?

136 employees have rated NETGEAR Chief Executive Officer Patrick C.S. Lo on Glassdoor.com. Patrick C.S. Lo has an approval rating of 69% among the company's employees.

What other stocks do shareholders of NETGEAR own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NETGEAR investors own include NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Xtrackers California Municipal Bond ETF (CA), Cisco Systems (CSCO), Pfizer (PFE), QUALCOMM (QCOM), AbbVie (ABBV), Intel (INTC) and Tesla (TSLA).

Who are NETGEAR's major shareholders?

NETGEAR's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.65%), Acadian Asset Management LLC (2.14%), Jacobs Levy Equity Management Inc. (1.48%), Donald Smith & CO. Inc. (1.01%), Assenagon Asset Management S.A. (0.57%) and First Eagle Investment Management LLC (0.56%). Insiders that own company stock include Andrew Wonki Kim, David John Henry, Heidi Cormack, Laura Durr, Mark G Merrill, Mark G Merrill, Martin Westhead, Michael A Werdann, Michael A Werdann, Patrick Cs Lo, Sarah Butterfass, Stephane Bancel, Thomas H Waechter and Vikram Mehta.
View institutional ownership trends
.

How do I buy shares of NETGEAR?

Shares of NTGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does NETGEAR have any subsidiaries?
The following companies are subsidiares of NETGEAR: Avaak, CP Secure, Infrant Technologies, Meural, Placemeter, and SkipJam.
Read More
This page (NASDAQ:NTGR) was last updated on 5/19/2024 by MarketBeat.com Staff

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